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Charleston Reporter

Sunday, April 13, 2025

Rep. Nancy Mace criticizes Fed's rate cut

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Rep. Nancy Mace, U.S. Representative for South Carolina's 1st District | Official U.S. House headshot

Rep. Nancy Mace, U.S. Representative for South Carolina's 1st District | Official U.S. House headshot

Rep. Nancy Mace has voiced strong criticism of the recent Federal Reserve rate cut, describing it as a sign of economic mismanagement by the Biden-Harris administration.

"For years, we've watched the Biden-Harris administration fumble and mismanage our economy, forcing us to the brink of recession. So many Americans still cannot afford to own a home, or even pay for groceries,” said Rep. Nancy Mace. “This is an election-based tactic and will still leave so many Americans with little in their pockets."

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